Environment Policies Influence Glass Market Confidence

(China Glass Network) Due to environment policies enacted in some regions, the glass industry may go through capacity cutting down process. Glass manufacturers in Northern, Central and Eastern China may raise their quotations in recent. Meantime traders are also planning to purchase more glass, which also benefits the glass inventory declining.

In general, market confidence from manufacturing companies and traders are all lifted compared with last week. Analyzing from processing companies’ orders, the amounts drop slight relied on year-on-year basis. Furthermore, real-estate capital running is quite tight leading to weak demands from downstream market.